Bitfinex Securities Initiates Tokenized Funding for New Hotel at El Salvador Airport

Bitfinex Securities El Salvador S.A. de C.V. unveiled its newest project: a tokenized debt issuance to finance the construction of a new Hampton by Hilton hotel at El Salvador International Airport. 
Project Overview
This pioneering project was the first tokenized debt issue organized and traded under the supervision of Bitfinex Securities El Salvador, reinforcing its role as a leading regulated entity under the country's Securities Law for Digital Assets. 
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Covering an impressive 4,484 square meters, the new hotel complex features 80 rooms, extensive commercial space, and recreational amenities, including a swimming pool and gym. The US$6.25 million capital raising for this project is being undertaken by Inversiones Laguardia S.A. de C.V. (HILSV), which has been an integral part of El Salvador's investment landscape since 2017. Investors participating in this project will receive privileges such as free hotel nights, with the privileges increasing depending on the size of the investment over a five-year term with a coupon of 10%. 
Technology and Trading Platform
The HILSV tokens will be mined on Liquid Network and backed by Blockstream AMP technology, enabling seamless trading of US dollars and Tether tokens. The initiative promotes investment and stimulates economic growth, potentially creating up to 5,000 jobs once the hotel is completed, with 1,000 jobs during the construction phase alone. 
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Bitfinex Securities Chief Technology Officer Paolo Ardoyno and Chief Operating Officer Jesse Knutson highlighted the project's role in developing El Salvador's capital market. They noted that the initiative represents a new asset class in the region, increasing access to capital markets for both local and international investors. 
Local Fintech Involvement
DitoBanx, a local fintech pioneer in bitcoin services, is crucial to the venture, emphasizing El Salvador's commitment to leveraging digital assets for economic development. DitoBanx's involvement in the project contributes to the flawless execution of the token issuance. At the same time, Liquid Network provides enhanced transaction privacy and speed of operation, which is crucial for managing security tokens. 
This project is just the beginning: Bitfinex Securities is planning several more tokenized asset offerings in the near future. These developments will enhance El Salvador's reputation as a new innovation center in digital finance and influence similar initiatives worldwide. 
Financial Inclusion
As this tokenized debt offering gains momentum, it promises to strengthen El Salvador's tourism infrastructure and set a new standard for integrating cryptocurrencies with traditional financial markets, paving the way for a new era of economic development and financial inclusion.